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1 min read

EV makers slide on report Trump wants to scrap EV tax credit

Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of b…

Matthew Fox   


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2 mins read

Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central …

Kelly Cloonan   


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1 min read

Hertz's failed Tesla bet keeps getting worse as weak earnings challenge its stock

The rental-car giant fell as much as 12% on Tuesday after posting a deeper-than-expected loss.

Filip De Mott   


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2 mins read

These 5 billionaires were the biggest net-worth winners today as stocks surged

A handful of billionaires saw their net worth rise by a combined $55 billion on Wednesday, driven b…

Kelly Cloonan   


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2 mins read

Tesla stock could soar 50% as it broadens beyond autos and as Musk exerts more political influence, Morgan Stanley says

Morgan Stanley analysts say Tesla will surge if it can expand to be an AI giant, which may be more …

Kelly Cloonan   


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1 min read

Traders betting against clean energy stocks have made $1.3 billion since Trump's election win

Renewable energy stocks have tumbled since Trump won the election, as markets eye the potential for…

Kelly Cloonan   


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Tesla hits a $1 trillion market cap after the stock rallies 27% following Trump's election win

While Trump's election win is seen as potentially negative for the broader electric vehicle sector,…

Matthew Fox   


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1 min read

EV stocks are showing major signs of life

Tesla stock is on pace for a 10-day winning streak, while Rivian and Lucid are also on a tear.

Matthew Fox   


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2 mins read

Tesla tanks 13% after earnings, dragging other EV stocks lower

Tesla missed profit targets for a fourth straight quarter and postponed its Robotaxi event, draggin…

Filip De Mott   


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2 mins read

Tesla stock has 40% upside as a 'top pick' as it corners the EV-credit market, Morgan Stanley says

"We see potential for the Tesla Energy business to be worth more than the autos business," Morgan S…

Matthew Fox   


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4 mins read

Shares of Ola Electric have tapered down from their record-highs. Is this a good time to buy in?

Around 18.18 crore shares, or about 4% of company's outstanding shares were eligible for trading in…

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1 min read

China's EVs are fueling a big oil demand slowdown

China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …

Kelly Cloonan   


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2 mins read

Stock market today: US stocks tick higher as traders await Fed minutes and jobs data

Major indexes rose slightly higher Wednesday as traders waited for revisions to US labor market dat…

Jennifer Sor   


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2 mins read

The best-performing EV stock this year is a school bus manufacturer

An electric school bus can sell for more than $300,000 compared to just $100,000 for a traditional …

Matthew Fox   


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2 mins read

Stock market today: Stocks snap the 9-day rally as investors gear up for key labor report

The S&P 500 failed to extend its rally to a ninth day. Investors are adrift while they wait for new…

Filip De Mott   


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7 mins read

How is Ola Electric Mobility faring post its IPO?

Ola Electric announced the launch of Roadster electric motorcycle, which will be available in three…

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1 min read

Tesla short-sellers have lost $8 billion since Donald Trump's election win

S3 Partners said the pain might not be over for Tesla short-sellers amid an ongoing short-squeeze r…

Matthew Fox   


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2 mins read

The rise of AI means the latest rally in utility stocks isn't the warning for investors it once was

"We are forecasting unprecedented growth in power demand from advanced manufacturing projects acros…

Matthew Fox   


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1 min read

Tesla surges 13% as market sees Donald Trump's presidency benefiting key ally Elon Musk

Tesla stock soared 13% on Wednesday after the election result. CEO Elon Musk was among Trump's most…

Kelly Cloonan   


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1 min read

Indian consumers shift gears toward luxury and sustainability in the auto sector: Survey

Consumers in India show a growing interest in premium and sustainable vehicles, with 85% leaning to…